> Board issued nine directives to bring back US$2.318bil, but no action was taken by management.
On Sept 12, 2012, 1MDB swapped its 49% stake in PetroSaudi Oil Services Ltd (PSOSL) for six promissory notes amounting to US$2.318bil from Bridge Partners, a fund management company based in Hong Kong.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!